Powerball is a unique lottery game played in various countries including New Zealand. This lottery game is different compared to other lottery games, as it offers way bigger jackpots. In addition, it is an add-on to the main New Zealand lotto game.
Powerball entry costs NZD $0.80 per line. Powerball draws take place twice a week: on Wednesdays at 20:20 local time and on Saturdays at 20:00 local time.
Players must enter a minimum of four lotto lines, where they must choose a Powerball number between 1 and 10. Another option for players is to go for a Power Dip. This includes 8, 10, 12 or 16 lines being entered as randomly generated lotto and/or Powerball numbers.
If a player wins a regular-tier lotto prize accompanied by matching the Powerball, a far bigger prize than the jackpot awaits. Lotto has a fixed jackpot of NZD $1 million, with Powerball winners getting up to 50 times this amount.
History of Powerball
Powerball launched in February 2001. At first, players had to choose from eight Powerball numbers. Afterwards, the choice of Powerball numbers expanded to 10 in October 2007, with the minimum and maximum jackpots growing significantly throughout the years.
Powerball always has a guaranteed minimum jackpot of NZD $4 million. While there is no rollover cap, the jackpot cap is currently set at NZD $50 million. Lotto NZ holds a “Must Be Won” draw when this cap is reached. This means that the maximum jackpot which can be won by a player is NZD $50 million. If no one matches six numbers plus the Powerball, the prize in its totality rolls down the tiers.
You may be wondering what the biggest ever Powerball jackpots are. There are many ‘smaller’ amounts that were won, but here are the three biggest New Zealand Powerball jackpots:
- NZD $44 million on November 9, 2016
- NZD $36 million on June 24, 2009
- NZD $35.2 million on April 9, 2011
Odds and Prizes
The reward can be big, but what is the likelihood of winning? The odds of winning the Powerball jackpot are 1 in 38,383,800.
Players can win Powerball prizes at seven different tiers: